Complex problems call for collective measures.
Michael T. Burr, Editor-in-Chief
Among all of the investment priorities in the U.S. electric power industry, one stands out as having the greatest momentum: transmission. This is interesting because transmission is perhaps the most difficult type of power infrastructure to develop, and has been for decades. Editor Michael T. Burr talks with executives at Xcel Energy and Great River Energy to learn how the CAPX2020 consortium has managed to succeed where others failed.
Recent attrition raises the question: Consolidation or death spiral?
Michael T. Burr
Recent attrition raises the question: Consolidation or death spiral?
When GridAmerica LLC closes its doors at the end of this year, the number of independent transmission companies (transcos) in the United States will fall by one-fourth. Only three ITCs will remain: American Transmission Co. (ATC), International Transmission Co. (ITC), and Trans-Elect Inc.
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Duke Energy made several changes to its executive leadership. Dick Blackburn said he would retire as the company's executive vice president, general counsel, and chief administrative officer. He had been with the company since 1997. Duke also named Bill Easter chairman, president, and CEO of Duke Energy Field Services, replacing Jim Mogg, who moves up to group vice president and chief development officer for Duke Energy.
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The Senate Energy and Natural Resources Committee, by an 18-2 vote, approved Joseph T. Kelliher's nomination to the Federal Energy Regulatory Commission. Kelliher's approval follows his second nomination by President Bush. Bush also nominated New Mexico attorney Suedeen G. Kelly to fill the remainder of a five-year term expiring June 30, 2004.
FERC looks ahead to the new year as it wraps up loose ends from 2002.
Lori Burkhart
FERC: SMD/Grid Issues Lead 2003 Agenda
The case for participant-funded transmission.
Bruce W. Radford
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Grid system operators now hold the cards. That means a bidding war for talent and a new wave of mergers.
Larry Oliva
Grid system operators now hold the cards. That means a bidding war for talent and a new wave of mergers.
TBy issuing new rules for a Standard Market Design (SMD) for wholesale power, the Federal Energy Regulatory Commission (FERC) in all likelihood will usher in a new wave of utility mergers. But the pattern will differ from what we have seen in recent years.
The deals will center on the transmission sector, and take a horizontal shape, rather than vertical.
The appropriate role for ITCs is rather different-and maybe not as exciting-as the role ITC proponents seem to have in mind.
Larry E. Ruff
Independent transmission companies have a role in creating public benefit in wholesale competitive electricity markets.
Audrey Zibelman
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